Uzbekistan: Carbonate Market 2024

Carbonate Market Size in Uzbekistan

In 2022, after two years of growth, there was significant decline in the Uzbek carbonate market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Carbonate Production in Uzbekistan

In value terms, carbonate production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Carbonate Exports

Exports from Uzbekistan

After three years of decline, overseas shipments of carbonates and peroxocarbonates increased by X% to X tons in 2022. Overall, exports, however, saw a pronounced shrinkage. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, carbonate exports surged to $X in 2022. In general, total exports indicated a notable increase from 2017 to 2022: its value increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Kazakhstan (X tons) and Turkmenistan (X tons) were the main destinations of carbonate exports from Uzbekistan, with a combined X% share of total exports. Afghanistan, Tajikistan, India, Turkey, Russia, Bangladesh, Iran, Belarus, Poland and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for carbonates and peroxocarbonates exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

From 2017 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

The average carbonate export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Turkey ($X per ton), while the average price for exports to Turkmenistan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carbonate Imports

Imports into Uzbekistan

Carbonate imports into Uzbekistan reduced to X tons in 2022, which is down by X% compared with 2021 figures. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, carbonate imports declined dramatically to $X in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

Iran (X tons), China (X tons) and Russia (X tons) were the main suppliers of carbonate imports to Uzbekistan, together accounting for X% of total imports.

From 2014 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Russia ($X) and China ($X) constituted the largest carbonate suppliers to Uzbekistan, with a combined X% share of total imports.

Among the main suppliers, Iran, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carbonate import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a precipitous curtailment. The pace of growth was the most pronounced in 2019 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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